That was the game plan, yes. Now its even got as far as CNBC I'm not so sure:
http://finance.yahoo.com/news/Why-a-Lousy-Jobs-Report-Could-cnbc-14557528.html
Dangerous to assume that those with long stock positions are going broke. The elevated level on the VIX chart shows that investors (myself included) have been hedging with puts for some time now. Why isn't the VIX spiking with the Dow fall? Perhaps some short profits being taken now?
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |